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Mice21 [21]
2 years ago
5

On May 16, Thorne Co. declares a $0.40 dividend to be paid on April 5. Thorne has 2,060,000 shares of common stock issued and ou

tstanding. The entry recorded by the company on May 16 includes a debit to: Multiple Choice Dividends Payable and a credit to Cash for $824,000. Dividends and a credit to Dividends Payable for $824,000. Dividends Payable and a credit to Cash for $781,600. Dividends and a credit to Dividends Payable for $781,600
Business
1 answer:
Ksju [112]2 years ago
4 0

Answer:

b. Dividends and a credit to Dividends Payable for $824,000

Explanation:

Dividends payable = 2,060,000 shares * $0.40 per share = $824,000

Journal entry on February 16

Dividends                 $824,000

Dividends payable                     $824,000

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Teresa purchased a necklace for $100 in 1964. In 2014, Teresa gave the necklace to her granddaughter, Lindsey.
padilas [110]

Answer:

d)$1,100 long-term capital gain

Explanation:

Given the information from the question. We know that a long-term capital gain or loss comes from investment that was possessed for a year or longer. However in this case, since the necklace was a gift .Therefore, there were no capital gain in 2014. In 2016, Lindsey sold the necklace for $1200. Therefore, the capital gain on the necklace will calculated as $1200- $100 = $1100. Where the $100 is a cost purchase for the previous owner. Therefore, long-term capital gain is $1100 which is option D.

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3 years ago
What is the first step to build a house of​ quality? A. Relate customer wants to product hows. B. Determine the desirable techni
prohojiy [21]

Answer:

The correct answer is C. Identify customer wants.

Explanation:

Despite the fact that the architects, due to their experience, can provide alternatives based on factors such as location, size, type of house, etc., the client's requirements play a very important role since, prior to this, they have designed in their minds what they would like to have. in your new house. The architects serve as support to give a professional touch to the property, but taking into account the requirements of the person it is possible to adjust certain aspects to offer the best possible experience when the construction is finished.

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3 years ago
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Which of the following is true of a person with a high credit score?
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They always pay their bills on time or early. They are not at risk for a loan.
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Are there absolute truths and values that transcend time and space? If yes where might these come from?
Natasha2012 [34]

There are a few absolute truths and values that transcend time and space including and most of these are related to mathematics and science.

<h3>What are some absolute truths?</h3>

Absolute truths are those that will not change and are considered the unbiased truth regardless of the situation.

Some absolute truths include:

  • The Earth is a sphere.
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These are all related to the the Math and Science subjects because these subjects aim to discover the rules of the Universe.

Find out more on absolute truths at brainly.com/question/939355.

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